REG - IDOX PLC - Issue of Equity

IdoxAnnouncement

28/06/2022 07:01

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RNS Number : 3483Q  IDOX PLC  28 June 2022

28 June 2022

Idox plc

("Idox", "the Company" or "the Group")

Allotment of Shares

Idox plc (AIM: IDOX) a leading supplier of specialist information management
software and solutions to the public and asset-intensive sectors, announces
that it has issued 814,332 new ordinary shares of 1 pence each in the Company
("Earn Out Shares") as part payment of the earn-out consideration in respect
of its acquisition of Aligned Assets Limited, as announced on 7 June 2021
("Acquisition"). The earn-out was based on achieving certain gross revenue
targets during the 12-month period following the Acquisition. Further earn out
consideration may become payable.

Applications have been made for the 814,332 Earn Out Shares to be admitted to
trading on AIM ("Admission"). It is expected that Admission will occur at 8.00
a.m. on or around 30 June 2022.

The total number of ordinary shares in issue following Admission will be
451,861,436. The Company holds 1,426,219 ordinary shares in treasury.
Therefore, the total number of ordinary shares with voting rights in the
Company will be 450,435,217.

The above figure of 450,435,217 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.

 

 For further information please contact:

Idox plc
               +44 (0) 870 333 7101

Chris Stone, Non-Executive Chairman

David Meaden, Chief Executive

Anoop Kang, Chief Financial Officer

Peel Hunt LLP (NOMAD and Broker)  +44 (0) 20 7418 8900

Edward Knight

Paul Gillam

James Smith

MHP
Communications
+ 44 (0) 203 128 8404

Reg Hoare
           idox@mhpc.com

Matthew Taylor

About Idox plc

For more information see www.idoxplc.com (http://www.idoxplc.com/) ,
@Idoxgroup

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